[8/27 03:00] Nvidia agrees to buy Hugging Face for $12.9 billion / SoftBank in talks for majority stake in 1X at $6 billion

AI News Flash for August 27, 2026 at 03:00 UTC. Topics: 1. Nvidia agrees to buy Hugging Face for $12.9 billion https://www.theinformation.com/articles/nvidia-agrees-buy-open-source-model-repository-hugging-face-12-9-billion 2. SoftBank in talks for majority stake in 1X at $6 billion https://www.wkzo.com/2026/08/26/softbank-in-talks-to-buy-stake-in-1x-at-6-billion-valuation-the-information-reports/ 3. Kioxia plans 1 trillion yen new memory fab in Japan https://asia.nikkei.com/business/tech/semiconductors/kioxia-to-invest-6.3bn-in-new-memory-production-facility-in-japan 4. Powertech targets world-first panel-level packaging for AI chips https://asia.nikkei.com/business/tech/semiconductors/powertech-eyes-world-s-first-panel-level-packaging-for-ai-chips-in-2027 5. Meta settles teen social media addiction claims for up to $18 billion https://www.cnn.com/2026/08/26/tech/meta-states-settle-trial-children